FDA Approves Abbott's First Wearable Device for Dual Ketone and Glucose Tracking
The FDA authorized Abbott's Libre Duo 10 Day, the first wearable tracking both glucose and ketones continuously for diabetes patients.
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BTIG analyst Marie Thibault downgrades Insulet (NASDAQ:PODD) from Buy to Neutral.
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The FDA authorized Abbott's Libre Duo 10 Day, the first wearable tracking both glucose and ketones continuously for diabetes patients.
Read original at benzingaPomerantz LLP filed a class action lawsuit against Insulet Corporation (PODD) for alleged securities fraud. The complaint alleges that Insulet made false statements about its manufacturing controls and failed to disclose defective procedures that created safety risks. Two voluntary medical device corrections were announced in March and May 2026, resulting in significant stock price declines of 6.88% and 5.07% respectively. Investors who purchased Insulet securities between February 21, 2025 and May 26, 2026 can join the class action.
Read original at globenewswire-incInsulet CEO Ashley McEvoy purchased 1,100 shares worth approximately $162,217 at a weighted average price of $147.47 per share on August 21, 2026, increasing her total beneficial ownership to 23,735 shares valued at $3.52 million. The insider buy comes after the stock declined 55% over the preceding year and is viewed as a bullish signal, suggesting McEvoy's confidence in the company's ability to reverse its bearish trend under her leadership since April 2025.
Read original at the-motley-foolCanaccord Genuity analyst William Plovanic maintains Insulet (NASDAQ:PODD) with a Buy and lowers the price target from $249 to $179.
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